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Charted: Median House Prices vs. Income in the U.S. - Visual Capitalist
COURT REPORT: Judge Validates Buyer Claims; Ex-eXp Agent Responds to Assault Claims
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. In the wake of a revealing and foreboding intervention by the Department of Justice (DOJ) in a commission lawsuit settlement, the broader real estate industry is currently processing the increasingly stark prospect of…
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Home prices soared across the US in the 4th quarter of 2023 - Business Insider
Freddie Mercury's Georgian-Style London Home Lists for $38 Million - Architectural Digest
Rent is falling fastest in markets that added the most new supply
Home prices hit high in December as ‘solid, steady growth’ wins out
Case-Shiller: 5.5% Annual Home Price Gain in December, Following Similar November Increase
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.5% annual gain in December, up from a 5% rise in the previous month. The data released Feb. 27 for December 2023 also shows that 17 out of the 20 major metro markets reported month-over-month price decreases. …
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LA Authorizes Master Leases With Apartment Owners - The Real Deal
Sixth Street Gearing Up for Property Distress Splash - The Real Deal
Big Brokerages Shift Gears in Latest Commission Suit Response
On Feb. 26 a handful of real estate giants, including Compass, Redfin, United Real Estate and Douglas Elliman responded for the first time to the oldest—and largest—Burnett copycat case, revealing how the industry has evolved in its legal strategies against allegations of price-fixing and conspiracy in the wake of a $1.8 billion judgment last year.…
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Redfin in crosshairs as new lawsuit targets buyer-broker commissions
Offerpad Voices Optimism Despite Continuing Losses in Q4 2023
In a Q4 2023 earnings call Feb. 26, iBuyer Offerpad put a positive spin on negative news of a $15.4 million loss, down 23% from Q3 2023 and 87% down from a year ago, when the company lost $121.1 million. Offerpad’s overall 2023 net loss totaled $117.2 million, down from $148.6 million in 2022. “We…
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London's New Hotels Are a Reminder of the City's Perennial Allure - Condé Nast Traveler
Rent Prices Consistently Declining, Drop to Start the New Year
January saw median rents drop for the sixth straight month, with year-over-year prices down -0.3%, according to Realtor.com’s January 2024 Rental Report. Renters are experiencing much-needed relief, although prices are still 18.3% higher than pre-COVID. There is strong demand for rental units, and not nearly enough of them accessible in markets across the country. The…
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